Today: Egypt Aluminum shareholders to review dividends & capital hike

08 Oct 2018

ArabFinance: Egypt Aluminum (EGAL) declared in a statement sent to EGX, it called for the ordinary and extraordinary general assembly meetings to be held on October 08.

The OGM will discuss the financial results for the fiscal period ending June 30, 2018, as well as the profit distribution suggestion for the same fiscal period.

The EGM will review issued and paid capital hike to LE1.650 billion from LE1.1 billion thought distribution of one free stock for every two held

It is worth to mention, the Board has suggested distribution dividends attributable to shareholders of LE550 million as free stocks.

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